How to Buy Electra (ECA)

A Step-by-Step-Guide on how to buy Electra (ECA)

Step 1 – Signup to Kraken

You will first need to buy one of the top-tier coins. Exchanges commonly accept either Ethereum (ETH) or Bitcoin (BTC) in exchange for alternative Coins. Click the button below to register and to get Bitcoin or Ethereum.

Binance Signup
Step 2 – Transmit Your Ethereum (ETH) or Bitcoin (BTC) to an Exchange

Your Ethereum (ETH) or Bitcoin (BTC) has to be sent over to an Crypto Exchange now. Every exchange has a deposit form that is alike. Electra (ECA) is obtainable on Binance, so we're going to use that as an example. Unsure on how to send funds from Coinbase to an Cryptocurrency Exchange? (Just follow this how-to)

Make sure you have selected the right coin you would like to deposit.

Bitcoin must be sent to a BTC deposit address, ETH to an ETH deposit address, and so forth. If you're dealing with a decentralized exchange, such as Airswap or DDEX could be divergent (Just follow our how-to).

Step 3 – Find Electra (ECA)

Once your deposit has been confirmed, you will instantly have access to your finances and you can initiate invest and trading. To invest in Electra (ECA) on Binance, you'll want to hover over the tab which is called “Exchange” and then mouse click on “Basic”.

In order to spot Electra (ECA), you'll need to put the shortname of the coin (ECA) into the search-box, which is marked in the graphic. Be certain of having choosen the right pairing, we've marked this too. Click on “ECA/BTC” to go ahead.

Binance Hot To Buy Electra (ECA)
Binance How to Buy (ECA) Electra
Step 4 – Buying Electra (ECA)

After you have found Electra (ECA), you'll be given a Price Chart (in the Center of the picture) and a few Order Books (Leftside of the image). And now we are making our own Limit Order.

The ”Price” field will be filled with the most recent price Electra (ECA) was traded for. This can be changed to your desired price. The field with the “Amount” tag is the volumen of ECA you wish to purchase. The field with the “Total” tag is the total price in Bitcoin that you'll settle for the complete amount of ECA.

If you are glad, click on “Buy ECA”. Your order will be filled as soon as a Vender sells their ECA for the price you submitted.

Step 5 – Withdraw Electra (ECA)

Unless you are regularly trading, best advise is not to keep crypto on an Crypto Exchange for an extensive period of time. In order to withdraw your Electra (ECA), go to the ”Funds” tab and click on “Withdraw”. Electra (ECA) can be safely stored using a Wallet, e.g. MyEtherWallet. (MyEtherWallet Setup Guide)

Locate Electra (ECA) by using the provided drop-down box. Enter the quantity of Electra (ECA) you would wish to withdraw. Don't forget the shown minimus/fees. Also make sure you have entered your correct withdraw address.

If you're glad, click on “Submit”. You may be requested for verfication via email/phone before a withdrawal.

Binance Withdraw

Congratulations! You have successfully purchased and stored Electra (ECA).

That's it!

Withdrawals from Crypto Trader can durate anywhere from 1 – 30 minutes (rely on network usage). As soon as you've confirmed your withdrawal using Etherscan.io or Ethplorer.io and the (ECA) Electra is stored inside your wallet, you are finished.
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